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bioteq environmental tech in (BQE) Snapshot

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bioteq environmental tech in (BQE) Details

BioteQ Environmental Technologies Inc., a water treatment company, provides wastewater treatment services to the mining industry worldwide. The company offers water treatment solutions for acid mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids. It also provides water treatment technologies to recover metals, such as cobalt, copper, molybdenum, nickel, rhenium, silver, and zinc, as well as antimony, arsenic, bismuth, cadmium, iron, lead, mercury, and selenium. The company’s metal recovery and removal technologies include BioSulphide and ChemSulphide technologies, which use biological or chemical sources of sulphide to precipitate dissolved metals from wastewater; and Met-IX technology that treats wastewater. It also offers sulphate removal technologies, such as Sulf-IX and Sulf-IXC, which remove sulphate and hardness from wastewater; selenium removal technology, including Selen-IX that removes selenium from waterwater; and cyanide treatment technologies, such as SART, a process technology to remove the metallurgical interference of cyanide-soluble metals in gold cyanidation. The company has a strategic partnership with EcoMetales Limited for the process engineering of a smelter effluent treatment plant using its BioSulphide process. BioteQ Environmental Technologies Inc. was founded in 1998 and is headquartered in Vancouver, Canada.

Founded in 1998

bioteq environmental tech in (BQE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$197.8K
Executive Chairman
Total Annual Compensation: --
Chief Financial Officer, Vice President and C...
Total Annual Compensation: C$157.5K
Director of Engineering
Total Annual Compensation: C$140.4K
Compensation as of Fiscal Year 2014.

bioteq environmental tech in (BQE) Key Developments

BioteQ Environmental Technologies Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

BioteQ Environmental Technologies Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company’s revenues as reported under GAAP were $286,000 compared to $697,000 in second quarter of 2014, a decrease of 59% compared to the same period in prior year. Adjusted loss before interest, tax, depreciation and amortization was $49,000 compared to income of $203,000 in second quarter of 2014. Net loss as reported under GAAP was $306,000 compared to $16,000 in second quarter of 2014. Proportional revenues were $2,301,000 compared to $1,873,000 a year ago. For the six months, the company reported revenues of $799,000 compared to $851,000 a year ago. Net loss was $956,000 compared to $2,138,000 a year ago. Net loss per basic and diluted share was $0.01 compared to $0.02 a year ago. Adjusted LBITDA was $612,000 compared to $1,783,000 a year ago. Proportional revenues were $3,628,000 compared to $2,386,000 a year ago. For the year 2015, the company anticipates its proportional revenues to be in the range of $8.0 million to $8.5 million. Adjusted EBITDA loss is expected to be in the range of $400,000 to $700,000.

Bioteq Environmental Technologies Inc. Secures Contract with Canadian Mining Company

BioteQ Environmental Technologies Inc. has secured a contract with a Canadian mining company to complete a pilot scale demonstration and evaluation of its Selen-IXa, technology to remove selenium from mine impacted water to less than 1 part per billion. The project will utilize BioteQ's existing mobile Selen-IXa, pilot plant and the scope of work and associated contract value are similar to recently completed pilot projects using the same Selen-IXa, mobile unit. BioteQ has commenced mobilization of its plant and is expected to complete piloting in fourth quarter of 2015.

BioteQ Environmental Technologies Inc. to Report Q2, 2015 Results on Aug 11, 2015

BioteQ Environmental Technologies Inc. announced that they will report Q2, 2015 results After-Market on Aug 11, 2015


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